TA’ZIZ and Alpha Dhabi Holding have signed a strategic collaboration agreement for an estimated $10 billion (AED36.7 billion) investment in industrial chemicals production in Abu Dhabi, including several materials widely used in packaging manufacturing and converting applications.
The agreement, announced during the Make it in the Emirates platform, targets the potential production of up to 14 industrial chemicals within the TA’ZIZ industrial chemicals ecosystem in Al Ruwais Industrial City, Al Dhafra region of Abu Dhabi. Subject to final investment decisions and regulatory approvals, the proposed projects could add around 2.2 million tonnes per annum of chemical production capacity.
The proposed chemicals include styrene and polystyrenes, acrylic acid and derivatives, polyols, epoxy resins, MDI and linear alpha-olefins, several of which are linked to rigid packaging, flexible packaging adhesives and coatings, protective packaging materials and industrial packaging applications.
According to the companies, the chemicals projects are aimed at supporting domestic demand and reducing dependence on imported materials, while strengthening local supply chain resilience for downstream manufacturing sectors, including packaging conversion and plastics processing.
Mashal Saoud Al-Kindi, CEO of TA’ZIZ, said: “This strategic collaboration with Alpha Dhabi offers significant potential to expand TA’ZIZ’s mission to drive industrial growth, enable import substitution and create new economic opportunities in the UAE.”
Engineer Hamad Al Ameri, Managing Director and Group Chief Executive Officer of Alpha Dhabi Holding, said the proposed chemical derivatives would strengthen domestic manufacturing and support long-term industrial growth.
TA’ZIZ stated that the new chemicals production would be integrated within the broader ADNOC and TA’ZIZ ecosystems. The company’s Phase 1 production portfolio is expected to reach 4.7 mtpa of marketable products by the end of 2028, including methanol, PVC and low-carbon ammonia.